5. Alma holds 80% of NBB Ltd unquoted companies. she gives 20% holding to her daughter.

Shares holding on this date were valued at:

80% 450,0000

60% 300,000

20% 100,000

Required

What is the value for IHT and capital gain tax (CGT) purposes?

• IHT: 100,000, CGT:100,000
• IHT 150,000, CGT: 300,000
• IHT: 150,00, CGT: 100,000